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Posted Fri Jul 4 2008: from Guardian (UK):
Secret report: rush to biofuels caused food crisis
Biofuels have forced global food prices up by 75 percent - far more than previously estimated - according to a confidential World Bank report obtained by the Guardian. The damning unpublished assessment is based on the most detailed analysis of the crisis so far, carried out by an internationally-respected economist at global financial body. The figure emphatically contradicts the US government's claims that plant-derived fuels contribute less than 3 percent to food-price rises.... Senior development sources believe the report, completed in April, has not been published to avoid embarrassing President George Bush.
[Read more stories about: food crisis, governmental corruption]
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